Jan. 6, 2011 (Canada NewsWire Group) --
| SGX Resources Inc. | SXR | ||||||||
| Share Issued: 52,911,121 | Jan 04 Close 0.28 | ||||||||
| Jan 05 2011 | Private Placement |
WINNIPEG, Jan. 6 /CNW/ - The TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a non-brokered private placement announced Dec. 1, 2010 and Dec. 30, 2010.
| Shares: | 768,050 units, with each unit comprising nine flow-through common shares and one non-flow-through common share. | ||
| Purchase Price: | $3.50 per unit | ||
| Warrants: | 3,990,250 share purchase warrants to purchase 3,990,250 shares | ||
| Warrant exercise Price: | 45 cents until July 20, 2012 | ||
| Hidden placees: | 76 | ||
| Insider: |
Hugh Wynne 2,485,720 common shares $14,963 cash payable to CIBC Wood Gundy; $41,514 cash payable to Bill McCulloch; |
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| Finders' fees: | $7,056 cash payable to Jory Capital Inc.; $4,902 cash payable to MGI Securities Inc. |
| Hubert Benjamin Arthur (Ben); McCutcheon James Wallace; Power Michael E; Wynne Hugh | |||||||||||
| Address: 646 Erin Street, Winnipeg, Mb. R3G 2V9 | |||||||||||
| Phone: 204 774 6771 | Fax: 204 774 6795 | ||||||||||